Latest News for: Anglo american mining

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Glencore ditches plans for $1.3 bln Australian coal mine

Reuters 08 Dec 2022
... a net zero total emissions business by 2050." Queensland, also home to coal mines owned by majors BHP Group Ltd (BHP.AX), Anglo American PLC (AAL.L) and Peabody Energy Corp (BTU.N), in June ended a 10-year freeze on royalty rates and raised them to capture windfall profit.
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First Mode lands $200M with deal to combine with global mining company

Business Journal 08 Dec 2022
When the transaction closes, global mining company Anglo American will invest $200 million in First Mode and own a majority stake in the company, which is keeping the First Mode name ... .
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First Mode Secures $200 Million in Funding from Anglo American and Combines with nuGen Team

Ellensburg Daily Record 07 Dec 2022
7, 2022 /PRNewswire/ -- First Mode, a global carbon reduction company focused on heavy industry, and global mining company Anglo American have signed a binding agreement to combine First Mode and Anglo American's nuGen™ zero emission haulage solution to accelerate the transition of mining and other heavy industries to diesel-free futures.
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After R1bn deal future looks bright for Inyosi Coal

Independent online (SA) 07 Dec 2022
Thungela reached an agreement with Inyosi to acquire the remaining 27% shareholding of Anglo American Inyosi Coal (AAIC), in exchange for 4.18 million shares in Thungela ... Especially since Anglo American’s exit of Eskom-supplying coal mines in 2019 and its complete exit from all coal mines in 2020,” she said.
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Anglo invests $200m to accelerate zero emissions haulage solution

Mining Weekly 07 Dec 2022
Diversified mining company Anglo American has signed a binding agreement with ...
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JPMorgan backs startup that wants to fix copper shortage

The Times of India 07 Dec 2022
The Vancouver-based startup has already deployed its technology in major copper mines, including Chile’s Collahuasi, one of the world’s largest copper mines that’s jointly owned by Anglo American Plc, Glencore Plc and Mitsui & Co. They also operate in the Antamina mine in ...
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Anglo’s fuel-cell truck operating ‘akin to its diesel counterpart’

Mining Weekly 05 Dec 2022
Anglo American’s big nuGen hydrogen-powered truck is currently ...
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Glencore’s new-mine taboo may finally end with Argentina copper

Mining Dot Com 05 Dec 2022
Glencore’s progress at El Pachon also comes amid a wider pivot in the mining industry ... Anglo American Plc has recently commissioned a new copper mine in Peru, while BHP Group and Rio Tinto Group are in the midst of billion-dollar deals to grow their copper portfolios.
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Weekend read: Shining magnate

PV Magazine 03 Dec 2022
This fear is shared by Duncan Wanblad, chief executive of miner Anglo American who, in July 2022, said higher borrowing costs and political instability due to inflation were threatening to delay billions of dollars of investment into mining decarbonization.
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South African Court Rules that UN Experts Can Intervene in Zambian Lead Poisoning Case

All Africa 02 Dec 2022
experts can intervene in a class action lawsuit against mining giant Anglo American over ...
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BP to downsize in move to carbon-neutral London headquarters

The Times/The Sunday Times 02 Dec 2022
BP plans to move its headquarters to a new “carbon-neutral and wellness-orientated” office in the building that was previously home to Anglo American.
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Biden, Macron Pledge Support for Ukraine against Russia

This Day 02 Dec 2022
Zambians to Sue Mining Giant Anglo American for Lead Poisoning. A court in South Africa last week ruled that UN experts can intervene in a class action lawsuit against mining giant Anglo American over lead poisoning in Zambia ... Anglo American has denied wrongdoing at the Kabwe mine, which it was involved in from the 1920s to 1970s.
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Ramaphosa scandal leaves quest to revive South Africa in tatters

The Keene Sentinel 02 Dec 2022
A scandal engulfing Cyril Ramaphosa is threatening to take down more than just the South African president ... "The ANC is finished," Mashele said ... The Soweto-born lawyer created what was once the country's most powerful labor union and in the late 1980s led the biggest-ever mining strike, bringing mining giant Anglo American to the negotiating table ... .
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Zambians to Sue Mining Giant Anglo American for Lead Poisoning

Voa News 01 Dec 2022
experts can intervene in a class action lawsuit against mining giant Anglo American over lead poisoning in Zambia ... Anglo American has denied wrongdoing at the Kabwe mine, which it was involved in from the 1920s to 1970s ... mining giant Anglo American in a court in South Africa.
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Will the Thungela Resources share price keep rising in December?

The Motley Fool 01 Dec 2022
The business was spun out of FTSE 100 mining group Anglo American in 2021, when Anglo decided to cut its exposure to coal ... But from a financial perspective, Anglo’s timing hasn’t been great ... Thungela’s mining costs are fairly low ... Some of Thungela’s mines are also quite old, with estimated remaining lifespans of under 10 years.

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